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How the stock market works

 
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scott1981
Jr admin,G.O.I.T., O.G.D.R


Joined: 17 Sep 2008
Posts: 4564
Location: Texas, what country are you from?

PostPosted: Tue Oct 14, 2008 1:34 pm    Post subject: How the stock market works Reply with quote

Once upon a time in a place overrun with monkeys, a man appeared and announced to the villagers that he would buy monkeys for $10 each. The villagers, seeing that there were many monkeys around, went out to the forest, and started catching them.

The man bought thousands at $10 and as supply started to diminish, they became harder to catch, so the villagers stopped their effort.

The man then announced that he would now pay $20 for each one. This renewed the efforts of the villagers and they started catching monkeys again. But soon the supply diminished even further and they were ever harder to catch, so people started going back to their farms and forgot about monkey catching.

The man increased his price to $25 each and the supply of monkeys became so sparse that it was an effort to even see a monkey, much less catch one.

The man now announced that he would buy monkeys for $50! However, since he had to go to the city on some business, his assistant would now buy on his behalf.

While the man was away the assistant told the villagers. 'Look at all these monkeys in the big cage that the man has bought. I will sell them to you at $35 each and when the man returns from the city, you can sell them to him for $50 each.'

The villagers rounded up all their savings and bought all the monkeys. They never saw the man nor his assistant again and once again there were monkeys everywhere.

Now you have a better understanding of how the stock market works.
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PO1911
Admin, Global Overlord, O.G.D.R.


Joined: 16 Sep 2008
Posts: 3782
Location: Not where I want to be

PostPosted: Tue Oct 14, 2008 4:59 pm    Post subject: Reply with quote

Laughing Laughing Laughing Laughing PRICELESS Laughing Laughing
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DaveG99
O.G.D.R and Moderator


Joined: 16 Sep 2008
Posts: 2821
Location: Dallas Texas

PostPosted: Sun Oct 19, 2008 9:08 am    Post subject: Reply with quote

thats a good one.
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